Vince McMahon, Chairman of the Board & Chief Executive Officer of WWE, Inc. (WWE), is a third-generation promoter who has made WWE into the global phenomenon it is today.
As a pioneer in the television syndication business, a recognized television personality throughout the world, a visionary promoter and a fearless marketer, he continues to make his presence known as a leader within the broadcast and entertainment industries. In 1972, McMahon joined his father’s company, Capitol Wrestling Corporation, on a full-time basis. By 1979, the company had syndicated programming to 30 television stations. In 1982, he purchased the Capitol Wrestling Corporation from his father and decided to take what had been a regional operation and turn it into a national venture.
McMahon soon became an innovator in the cable television industry by leveraging the new technologies of pay-per-view and closed-circuit television for the first WrestleMania in 1985. Now, not only had he built a brand that people would watch in syndication, he had built the WWE into a brand that people would pay to watch. In April 2000, more than 1 million fans purchased WrestleMania X-6, at the time making it the most-watched non-boxing event in pay-per-view history. In February 2014, WWE Network, the first-ever 24/7 direct-to-consumer network, launched live in the U.S.
In 2016, WrestleMania 32 set a new attendance record of 101,763, as fans from all 50 states and 35 countries converged on AT&T Stadium in Arlington, Texas. The previous WWE attendance record was at WrestleMania 3 in 1987, where 93,173 fans filled the Pontiac Silverdome.
Today, WWE produces seven hours of live weekly programming 52 weeks a year with no off season. Programs such as “Monday Night Raw” and “WWE NXT” on USA Network and “Friday Night SmackDown” on FOX are ratings successes that can be seen in more than 800 million homes in 180 countries and heard in 28 languages. In addition, WWE hosts more than 550 live events a year within the United States and abroad, making WWE the largest traveling show in the world.
Under McMahon’s leadership, WWE has developed into one of the most popular and sophisticated forms of global entertainment today. WWE is an integrated media and entertainment company that features a portfolio of specialized businesses that creates and delivers original content to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. In addition to its headquarters in Stamford, CT, WWE has offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo. WWE trades on the New York Stock Exchange under the symbol WWE.
In 2017, McMahon established and personally funded a separate entity from WWE, Alpha Entertainment.
For his accomplishments in entertainment, television, and pay-per-view, McMahon, one of the longest running personalities on television, was awarded a star on the Hollywood Walk of Fame in 2008. He also has received a Promax/BDA Lifetime Achievement Award and has been inducted into the 2008 Cablefax Hall of Fame. He has been included in Variety’s annual Variety500 listing since 2017, which honors the most influential business leaders shaping the media industry. In 2019, McMahon was named as one of the Most Influential People in Sports Business by Sports Business Journal.
In recognition of WWE’s work to support children over the past 30 years, McMahon, in 2005, was appointed to the Make-A-Wish Foundation of America’s National Advisory Council. He is a tireless supporter of the U.S. military, bringing WWE Superstars to war zones in Iraq and Afghanistan since 2002 to entertain the troops. WWE was the recipient of the USO of Metropolitan Washington’s first ever Legacy of Hope award for the company’s extensive support of our troops and the USO’s Operation Care Package program. In 2006, WWE and McMahon received the Secretary of Defense Exceptional Public Service Award for its support of deployed service members in Iraq and Afghanistan. In 2008, the company received the GI Film Festival’s Corporate Patriot Award.